Cavaliers owner Dan Gilbert expressed confidence that All-Star guard Donovan Mitchell will sign a long-term contract with Cleveland in pursuit of an NBA championship. Gilbert revealed ongoing discussions with Mitchell regarding extending his contract, citing the player's fondness for the city and the team's promising young core.
Mitchell, who signed a five-year, $163 million deal with Utah in 2020, is currently under contract until 2026. He is eligible to sign a four-year extension worth up to approximately $200 million this summer under the NBA's collective bargaining agreement.
Cleveland acquired Mitchell in a significant trade before the 2022-23 season, viewing him as a crucial addition to their roster alongside rising stars Darius Garland, Evan Mobley, and Jarrett Allen.
The 27-year-old Mitchell has been a standout performer for the Cavs, averaging 27.4 points, 6.1 assists, and 5.3 rebounds per game. However, he has been sidelined due to injuries, missing the last six games. The team has struggled in his absence, with a record of 11-13.
Despite the recent setbacks, Mitchell has expressed his satisfaction with playing in Cleveland and his belief in the team's potential. The Cavs made a playoff appearance last season but were eliminated in the first round by the New York Knicks.
Gilbert commended the team's resilience and praised coach J.B. Bickerstaff for their competitive spirit, emphasizing their ability to contend with top teams in the Eastern Conference. The Cavs currently hold the fourth spot in the standings, just 3 1/2 games out of a play-in position.
Gilbert, who acquired the Cavaliers in 2005, has overseen the team's progress and expressed optimism about their future prospects. Despite facing challenges, including injuries to key players, the Cavs have demonstrated their ability to compete at a high level.
As the team navigates a demanding schedule ahead, Gilbert remains confident in their capabilities and looks forward to continued success on the court. The 62-year-old owner, who has a stake in Detroit-based Rocket Mortgage, has been instrumental in shaping the Cavaliers' trajectory in the NBA.